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The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2017

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Statutory Instruments

2017 No. 270

Social Security

The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2017

Made

6th March 2017

Laid before Parliament

10th March 2017

Coming into force

1st April 2017

The Secretary of State for Work and Pensions makes the following Regulations in exercise of the powers conferred by sections 15A(2)(b) and 189(1) and (4) of the Social Security Administration Act 1992(1) (“the 1992 Act”).

In accordance with section 15A(2) of the 1992 Act, the Secretary of State has consulted with such organisations representing qualifying lenders likely to be affected by the Regulations as the Secretary of State considers appropriate.

In accordance with section 173(1)(b) of the 1992 Act, the Social Security Advisory Committee has agreed that the proposals in respect of these Regulations should not be referred to it.

Citation and commencement

1.  These Regulations may be cited as the Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2017 and come into force on 1st April 2017.

Amendment of the Social Security (Claims and Payments) Regulations 1987

2.  In paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987(2) (fees payable by qualifying lenders), for “£0.44” substitute “£0.39”.

Amendment of the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 2013

3.  In paragraph 9(2) of Schedule 5 to the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 2013(3) (fees payable by qualifying lenders), for “£0.44” substitute “£0.39”.

Revocation of Regulations

4.  The Regulations set out in the Schedule are revoked to the extent specified.

Signed by authority of the Secretary of State for Work and Pensions

Caroline Nokes

Parliamentary Under Secretary of State,

Department for Work and Pensions

6th March 2017

Regulation 4

SCHEDULERevocation of Regulations

RegulationsReferencesExtent of revocation
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2016S.I. 2016/228The whole Regulations
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2015S.I. 2015/343The whole Regulations
The Social Security (Fees Payable by Qualifying Lenders) (Amendment) Regulations 2014S.I. 2014/485The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2013S.I. 2013/456The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2012S.I. 2012/644The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2011S.I. 2011/679The whole Regulations
The Social Security (Miscellaneous Amendments) Regulations 2010S.I. 2010/510Regulation 3(8)
The Social Security (Miscellaneous Amendments) Regulations 2009S.I. 2009/583Regulation 3
The Social Security (Claims and Payments) Amendment Regulations 2007S.I. 2007/541The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2006S.I. 2006/551The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 3) Regulations 2005S.I. 2005/2154The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2004S.I. 2004/576Regulation 3
The Social Security (Claims and Payments) Amendment Regulations 2003S.I. 2003/470The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2002S.I. 2002/355The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 2000S.I. 2000/1366The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1998S.I. 1998/3039The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 1997S.I. 1997/3034The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1996S.I. 1996/2988The whole Regulations
The Social Security (Claims and Payments) Amendment Regulations 1995S.I. 1995/3055The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 3) Regulations 1994S.I. 1994/2944The whole Regulations
The Social Security (Claims and Payments) Amendment (No. 2) Regulations 1992S.I. 1992/3002The whole Regulations

EXPLANATORY NOTE

(This note is not part of the Regulations)

Paragraph 7 of Schedule 9A to the Social Security (Claims and Payments) Regulations 1987, and paragraph 9(2) of Schedule 5 to the Universal Credit, Personal Independence Payment, Jobseeker’s Allowance and Employment and Support Allowance (Claims and Payments) Regulations 2013 (“the principal provisions”) prescribe the fee payable by certain lenders (“qualifying lenders”) for the purpose of defraying administrative expenses incurred by the Secretary of State in making payments in respect of mortgage interest direct to the qualifying lenders.

These Regulations amend the principal provisions by reducing the fee from £0.44 to £0.39.

These Regulations also revoke previous instruments which amended the fee in the principal provisions, and are now spent.

A full impact assessment has not been produced for this instrument as no, or no significant, impact on the private, voluntary or public sectors is foreseen.

(1)

1992 c.5. Section 15A was inserted by paragraph 1 of the Schedule to the Social Security (Mortgage Interest Payments) Act 1992 (c.33). Section 189(1) was amended by paragraph 109(a) of Schedule 7 to the Social Security Act 1998 (c.14), by paragraph 57(2) of Schedule 3 to the Social Security Contributions (Transfer of Functions etc.) Act 1999 (c.2), and by Schedule 6 to the Tax Credits Act 2002 (c.21). Section 189(4) was amended by paragraph 109(c) of Schedule 7 to the Social Security Act 1998, and by S.I. 2013/252.

(2)

S.I. 1987/1968. Schedule 9A was inserted by S.I. 1992/1026. Paragraph 7 of Schedule 9A was amended by S.I. 2002/3197. There have been numerous previous instruments amending the fee prescribed in paragraph 7 of Schedule 9A, the last of which is S.I. 2016/228.

(3)

S.I. 2013/380. There have been three previous instruments amending the fee prescribed in paragraph 9(2) of Schedule 5, the last of which is S.I. 2016/228.

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